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leader, eric kantor, warning lawmakers they will stay in washington until a fiscal deal is reached. allen west is here. before we get to the idea of staying in washington, you have said that negotiating with president obama is, to quote you, silly. >> i think when you look at what just happened today, the federal reserve will go into what is using -- >> greta: printing money. a fancy way to say it -- >> to the tune of $45 million a month foritous buy up our own treasury stocks. the argument is about $85 billion per year. when you put it thatn that context and understand that revenues have increased in the united states of america by 10% and spending by the for the government has increased 16% and we have a federal government spending 25s% of our gross domestic product, this is not a revenue issue, this is a spending issue. i think what we need to do is come up with the right type of legislation to solve this thing, keep these tax rates where they are and then if we want to come back next year and do the right thing, as far as the comprehensive tax scprmpl really solving this and promoting
in washington for jpmorgan chase. the probe covers $5.8 billion in losses. it is caused by the london whale, a trader that got a reputation for big bats with complex financial investments. the wide net that the subcommittee appears to be casting will not necessarily lead to any formal charges against the bank, any formal hearings on the trading losses or any scathing reports. senator carl levin, the chairman of this subcommittee, criticized the bank in may when it announced this law saying it "made a very big and complicated that that now has gone very wrong." he is now one of the sentence leading critics of wall street. they did not comment on our story today. if a probe generates any substantive results, that could mean war headaches for ceo jamie dimon. it has been investigated whether -- that issue as well as the bank's internal controls oversight of traders and other matters could be among the subjects of the subcommittee's probe. melissa: peter barnes, thank you so much. lori: breaking news out of egypt. thousands of protesters ready to march on the palace to protest president morsy.
of washington today because i think at the end, it means nothing. focus on this video because i think it's going to tell you everything. take a look. >> to begin the benefit finder, first answer all of the nine simple core questions that are essential to narrowing you results. you will find a program description, general requirements, and your next steps on how nd where you can apply. receiving the latest benefit information has never been easier. we hope this tutorial helped you on your path to government benefits. neil: that's a youtube video on how you can log in to see how much the government can help you out. it's a menu for moreegovernment. benefits ala carte. after all, you're not paying for them. someone else is. now, we've given sheen to what amounts for government stuff. it's sort of like that ad that ran earlier this year, the benefit to food stamps in a feel-good radio commercial that probably would have made norman rockwell proud. remember this? >> look at margie, she looks amazing. >> she sure does. >> i wonder how she stays fit. what the secret? >> well, she said food stam benefit
. and preparation now of weapons like sarin gas. more on that coming up in just a bit. >>> also from washington right now, fox news has confirmed that the fbi is today investigating who hacked into the computers of our retired admiral mike mullen and read his e-mails. this guy's the former chairman of the joint chiefs. and they're in his personal computer. the bureau discovered that someone had read the e-mails of the former chairman of the joint chiefs back in october of this year, and we are told that all the clues point to someone in china. john lucas is an internet security expert and the international president of high-tech crime experts. did i get your last anytime right? >> close. megyn: thanks for the clarification. now, he's on his personal computer, but he's on government sort of property doing work for the government on his personal computer, and he's talking to people who still have all the clearances and so on, and why do we believe it was the chinese? >> well, what happens is when the fbi or anybody gets involved and started tracking this back, we're going to trace the ip addresse
. all day long on cnbc, we are here in washington holding lawmakers feet to the fire and finding out if they are doing their part to rise above partisan politics and reach a deal on the fiscal cliff. good morning again, everybody. i'm becky quick. here is what we know right now. the pace of private talks picking up speed as we now have just 20 days left. however, neither the white house nor house speaker boehner's office are giving any public indication that either side is yet prepared to give up real ground. on a road trip yesterday, president obama indicated that he is willing to compromise, just not on that point about an increase in tax for relthy americans. meantime, speaker boehner says he is still waiting on specific spending cuts. joining us now for analysis, tony fratto, of hamilton place strategies and former white house press secretary and gerald bernstein former economic adviser to vice president joe biden. gentlemen, thank you for being here with us and getting this special day of coverage kicked off for us. >> rising early and rising above. >> exactly. let's talk about
yourself in washington, d.c. and virginia? no, you wouldn't. we need these big salaries because we need to recruit top talent. go to manhattan. >> that is the point. if bailouts maintain the government center focus to our economy? >>es, and it's sucking the% whole economy and we're getting two or 3 percent growth. there are $200,000 jobs in north dakota in the oil field. i would tip into paying to move the bankers to north dakota. >> by the way, on bailouts in terms of banks, there are established procedures, if you have good collateral, you get a short term loan and get over the cash crisis. that is what they should have done in 20078 instead of putting in equity capital. >> neil: coming up next. >> kick the can road down the road for too long. >> we're not going to be able to solve it by kicking the can down the road and doing all the gimmicks in the past. >>> they say they don't wanted to kick the can but steve forbes that is exactly what washington should do. this is flip side. you do not want to miss. [ male announcer ] you are a business pro. governor of getting it done. you know
it to run up as much debt as he pleases. "the washington post" offers to push the debate way into next year and then boehner says, okay, but only if the president agrees to spending cuts. so, mere is where we stands this monday morning, no deal, but a shift in principle by speaker boehner. tell us what you think of boehner's proposal. i don't think that conservative will like this one. post it on our facebook page. the nation's mood is somber this morning, the country is in mourning following the events friday in newtown, connecticut, father jonathan morris on that next. ♪ ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shine en brighter. come to the winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 glk350 for $399 a month at your local mercedes-benz dealer. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps
states well above 2%. is anything that is happening in washington right now going to contribute? not at all. connell: you might as well come up with something. just make the most of it and move on. >> i would like to see the so questioner. it would show the united states can reduce spending. i think it would have a very positive affect. i do not think it reduces spending enough that it would have any real material effect on the economy. all right, dan, thank you very much. good stuff. talk about this number. 3.1%. on the surface, just look at that, that is not bad. john riding is here now to say that recession is, believe it or not, not off the table. >> absolutely. only if we go over the cliff in 2013. i am not worried about the spending side. it is the hundred billion dollars. it is the tax side that is the real issue. the economy is growing at two. we cannot make that. connell: we will talk about housing a little bit later. >> these are all good numbers. if you give the economy a chance, we could have that growth in 2013. connell: if you give the economy a chance. patch is ba
to the earthquake up couple years ago that was not much damage. what if it wiped out york and washington? it will work when nothing else does. others would have been knocked off. john: you'll learn about it from tv and radio. i learned about it now. >> i have a battery operated radio. >> the anchor man says this happened. >> this is a boondoggle. and you guys never stop. >> make sure the public remains safe. >> 12 hours after the storm began it look like the emergency alert because take shelter now. 12 hours into the storm i am not personally directing it at you this is government thinking spend the money for a second to rate stuff. >> you mentioned of local alert. we have to and include training for emergency workers say you are right. 12 hours is not acceptable that was a failure but to still have dealer system i appreciate the fact i got the alert that said take cover. john: thank you jamie barnett. my government projects may from dangerous chemicals. base steady if this dangerous to wash your hands with this so poor brush with this toothpaste. their conclusion? you will be amazed. on
. >>> also at home, new developments in the tax showdown in washington. a deal has to get done by january 1st or everyone's taxes will go up. we'll talk about what it will take to get negotiations back on track. >> republicans had their proposal yesterday. we'll see what the reaction is. >>> also, take a look at this video. is this the real-life grinch who stole christmas. the man caught on camera stealing christmas decorations. letting the air out of the whole thing. we'll get more on that in just a moment. >>> also, jessica biel here live. what's life like right now being married to justin timberlake. also, a new movie, on the way, "playing for keeps." so much to talk to her about today. >> that is coming up. >>> let's go to lara, live, all morning long, at buckingham palace with the latest details on the royal baby. good morning, lara. >> good morning, george. what a joy to be here on this day of celebration here in england. folks cheering and giving a thumbs-up as they pass. buckingham palace behind me. and the papers shouting out the great news. there's the picture on "the times." "we're
or the "washington post." 180 degrees. >> what did he mean? >> there's plenty for conspiracy theorists today. ties to all the central banks all around the world, they have these secret dinners every couple of months. as if the fed needed more distrust among fed watchers, right? >> i havend the privilege last r of going to a dinner with fisher, who is crucial -- you look at the diagram. this is just an alumni association that has allowed other people in. this is an m.i.t. thing. fisher is regarded as being the man who saved east asia in the '90s. you know, these guys have been more than upfront that there's a club. i think it's just being written about for the first time. >> yeah. mark, the consensus is $45 billion in monthly purchases of treasuries. that's what's expected. if we don't get that, a lot of market analysts believe that the markets will be extremely disappointed. this off of a string of gains. the first five-day winning streak for the dow since march. the dow, in fact, is at, what, the highest level since october 22nd. s&p the highest level since november 6th, which, of course, was the
out york and washington? it will work when nothing else does. others would have been knocked off. john: you'll learn about it from tv and radio. i learned about it now. >> i have a battery operated radio. >> the anchor man says this happened. >> this is a boondoggle. and you guys never stop. >> make sure the public remains safe. >> 12 hours after the storm began it look like the emergency alert because take shelter now. 12 hours into the storm i am not personally directing it at you this is government thinking spend the money for a second to rate stuff. >> you mentioned of local alert. we have to and include training for emergency workers say you are right. 12 hours is not acceptable that was a failure but to still have dealer system i appreciate the fact i got the alert that said take cover. john: thank you jamie barnett. my government projects may from dangerous chemicals. base steady if this dangerous to wash your hands with this so poor brush with this toothpaste. their conclusion? john: school is boring. those are students at a charter school. public-school is free of the rules an
is agreeing to another bad inside-the-beltway washington deal. by the way, stealing from our children and our grandchildren -- that's immoral. which party now will stand up for them? for our kids? our grandkids? which party's going to stop the madness? joining me with reaction, florida senator marco rubio. you know, senator, i am a little frustrated here because this is our one check and balance -- and that case has not been made. what's wrong with making the case that they are the party against generational theft? i think that's a winning issue for any party that makes that case. >> thanks for having me on. it was a very powerful introduction. you are exactly right. here's the fundamental problem. i recognize the difficult position that the speaker's in now, if january,ing nothing happens, we go over the fiscal cliff. but i are right in the point we are making. this is the great flaw in all of these arguments that the president's making that i wish more people were talking about. if you raise taxes on the wealthiest americans, who he calls the wealthiest merv, people making $250,000 or more,
in washington. plus how many people are selling stocks just because they'll take their gains this year. because taxes will be higher next year. >> you're seeing people with if you have a large position in a company, this is probably the right time to take it. if it's a large percentage, 10%, 15%, 20% of your net worth, sell it now. >> and if you're planning to retire in the next three to five years, you're probably better off doing your allocation change thousand than you are saying -- >> this might be awful next year, too. isn't moynihan going to -- if we go over the cliff, it's not going to be a great year for stocks. >> it won't be a great year for hiring. >> left's already started. everybody is hiring temporary workers. they're not buying. they're leasing. you have more up front costs because you're trying to defer any long tirm purchase. but that's been happening now for two months. so you can look at the other way and say if we actually get a resolution, you might have more certainty which we're all looking for and companies saying you can actually make a capital projection as opposed to
performed for the president. ♪ ♪ >> gretchen: he gained fame for the christmas in washington special. many are outraged like the mothers of the navy seals. >> performing for the president is disgusting. how do we choose those role models. he should be on a terrorist watch list. it is disgusting to me. >> gretchen: that mother's son mark allenley lee was the first navy seal killed in iraq. it is interesting when you find out things about people when they are famous. that dance craze took over the world. >> steve: i am surprised mr. psy didn't say let me explain what i was talking about. >> gretchen: he did apologize. >> steve: but nonetheless they didn't pull the plug. >> brian: kill their daughters and kill them slowlyy and smash the model of the american tank and called for our men. what do they teach in south korea schools. we are protected them. the checks we right every day to protect them on the dmz line on a daily basis to allow their democracy to flourish, to me this is the niche, niche, niche of all south koreas to feel this way. i would like to find out how americans are treated i
.s. is now inviting the head of the opposition, the political opposition to washington. it is a complication. i think rebels on the ground and the political opposition wished that the u.s. hadn't done it so soon. >> what does this mean for the people? >> well, for the -- i think the people, as we were hearing and i know you will speak with arwan damon this is a fighting force to thank for rebel advances and some are saying the u.s. shouldn't have done this. others are very worried that once the regime falls, who is going to want control? it's going to be the jihadist groups. we'll see. >> thank you, hala. >>> something triggered a new democracy and the movement against the assad regime and that's this. believable reports that the syrian military was possibly getting ready to use chemical weapons against the rebels. everyone, even russia warned syria not to do it. now you see this exclusive to cnn. our camera crew inside syria got dangerously close to a chemical weapons production plant. the syrian government doesn't us to see this. they make that very clear. we want you to watch this report
into washington has gone up 3% year. we had the bush tax cuts and two recessions but the cash coming in consistently went up. sounds like we should be in good shape. we are not in good shape because spending went up twice as fast and the biggest bulge in spending occurred in a last four years under president obama. let's look at this objectively. tax revenues keep rising but we spend it all and then some. that is why we go deeper and deeper into debt. fast forward to the present and we see president obama refusing to offer real restraints on spending. he wants to spend more. worse yet in my opinion he is the connecticut shooting to push his tax and spend position. the use that terrible event to impose surrender or try to on john boehner. here are the dollar numbers. we spend $3.5 trillion a year and at $1 trillion to our debt every year. we will be $20 trillion in debt in four years and that is being optimistic. i don't think president obama will get to grips with spending. i think he wants to transform america. he will raise taxes on up you and redistribute to the many who then vote
coverage live from washington. mission critical, rise above d.c., all day long. becky quick, jim cramer, maria bartiromo holding their feet to the fire about where they stand on the fiscal cliff and how they'll do their part to rise above partisan politics and reach a deal. now, there are some bowles comments. 40%, yeah, but the odds are much better. they're still 35% chance it will not happen. it's not exactly confidence building. >> not necessarily confidence building. always interesting to me how people can put percentage chances on anything like this. seeing how difficult it is and how the story changes to a certain steextent each day. who knows what's going to happen. >> public care, confidence numbers, spending, any relationship to the fiscal cliff at five. >> i don't know. i just don't know. i think anecdotally, from what i have been able to observe, no. but i can't speak for that. the journal today has the lead stories of consumer spending starting so slow. and in part, they cite the fiscal cliff. i think if you were out there, you would get answers that would not necessarily de
easily called in sick. ♪ ♪ >> brian: new york giants play the washington red skin and they ended up lose will. i don't want to talk about. giants are 7-5 and redskins 6-6. he was faulted for keeping quiet about the fast and furious. gary grinnler chief-of-staff for eric holder is stepping down, last day tomorrow. steve, something to do with nothing i talked about. >> steve: has to do with the law. they risked their lives to protect our country. >> gretchen: u.s. veterans deemed too mentally incompetent to handle the finances are entered into a national criminal background system. that prevents them from buying or owning a gun. >> steve: should the second amendment right of those veterans be taken away. we'll have to judge andrew napolitano. >> i am upset about the gines. i will do my best. >> steve: in the defense bill, there is a sticky issue of whether or not veterans should be allowed to bear gun. >> the right to bear guns it is a natural right. if you are armed you have a right to defend yourself and your family and country. that is a right and not a gift from the government. you don
, houston, we've got a problem. washington we have a very g problem. not voting on plan b . it must have gone behind the 20 votes that were expected to be lobbed off from speaker boehner's cotroying get that. it makes you wonder how many were part of this avalanche that told the speaker, no way in heck we're going for this. have is the stance we're looking at. it will not be resolved tomorrow. this week. or next week. because remember, you have christmas next week. chances are, knowing these guys as i did do, they will not be keen to work christmas eve, and christmas day, that takes us to next wednesday, only a little more than a week ahead of the government possibly hitting a cliff. are you surprised? not at all. a great tragic comedy, neil, they will keep you in a job for the rest of yourife reporting on that. neil: i am not too shocked. i thought this dismissive you, that house leadership had of their rumbling ranks they would swallow this, i didn't see it, a lot of these tea party congressmen, 80 some odd that help propel john boehner to speaker got alleged against having to do the -
out of washington. but before we get to that, why don't we start with our day anticipates top story. the i.c.e. and the nyse are in talks. the numbers put the price tag at about $8 billion. >> we watched this -- now, you said you were watching this last night with kudlow, right? >> i did. >> did you think david faber? did you think when was book ending? on this, it went up last night. i don't know why this chart is showing no movement. it went up six points. >> yeah, right. >> that wouldn't even bring those -- because we watched. faber was talking about that last night. >> maybe if we show the prior day. >> that was the prior day. >> there's a glitch or something. >> that was the prior day that didn't show the after hours trading card. it was right about 720 been i think, wasn't it? >> and all this followed and it's a big story. >> well, it is. it's interesting because it's nyse euronext. >> and this isn't the first time that i.c.e. did this. >> no. you will are ebb that i.c.e. made a joint unsuccessful bid for control of the nyse last year. when the two withdrew their offers, they
if they don't do their job in washington. we're obviously concerned about it. if they deal with it, which we think they will. we think that next year should be pretty positive. >> meanwhile big party tonight? >> big party tonight, big party last night. >> that's what the city's all about. >> we'll be opening white plains in may, it will be a little warmer than it was up there last night. it's very exciting to see those hotels get done. 1,000 jobs for the city. >> you see at the bottom of your screen, nat gas inventory. >> listen natural gas prices are extending their gains from yet, after that 4% rally that we saw. we're looking at resistance perhaps around the 4.75 level. we saw a natural gas level that was certainly not what analysts were expectings. 65 billion cubic feet which is much greater than what the consensus was. that was between 64 and 68 million cubic feet. but it's also far greater than what we normally see this time of year. greater than last year's withdrawal. greater than the five-year average and it lets you know that we saw much cooler temperatures last week that certainly
alexander young, he went to washington d.c., and came back home with some bacon. stuart: well, you heard the rest from there. the lady goes on to say it's a quid pro quo give us the monny because we voted for you. the question, will the president offer any hint of a bailout, bailout help for deeroit today. will he address union anger at michigan's right to work legislation? this goes to the heart of government spending and the position of organized labor in president obama's second term. we're right there in michigan. let's go to facebook. weigh in on what's happening there. will detroit get a bailout and what do you think about the unions? will they win? good questions all. now, one of the worst blowouts in nfl history. seattle seahawks beat arizona cardinals 58-0. the cardinals threw four interceptions fumbled four times and gained 154 yards and seattle undefeated at home and then there's this. the new york giants scored only 52 points in the win over the new orleans saints. the star was the rookie and he returned the kick off for touchdown and all purpose yards and kept the giants in
christmas in washington, do they? >> you have thursday, friday and monday, right? >> you have a lot of aides prepared to come back after christmas to try and make sure they're not too far away from d.c. it does look encouraging. you've had movements on both sides. you've had boehner indicating that he's willing to accept and rising tax rate for the wealthiest. at the same time, you've had the president scaling back the limit to which those tax rates go up the. >> and they're not arguing about idealogical points any more. >> exactly. >> and what about the debt ceiling? do you think this gets thrown to the mix or not? >> well, i think the white house knows very strongly that as far as the markets are concerned, they want to try and get some kind of clarity for the next few months. after the last couple of years, no one really trusts the government or trusts the administration to not have a series of crisis and tiptoeing to the edge. so my bet is they will try to get some sort of deal. >> who has more trouble convincing the people they need to sign off? boehner could get enough with democrats a
in washington and how the fiscal cliff is likely to effect investment decisions. we have value investor leon cooperman, he's going to join us on set starting at 7:00 eastern time. then at 8:00 eastern, we have black op co-founder and ceo ralph schlosstein. and lynn hutchins will join us. we'll talk about what they see playing out and what they think is working when it comes to the markets now. >> the bill that the president says is in the house that he will sign if -- that's in the senate -- >> the senate. >> the senate that he will sign if the house passes it is what? >> that is $. >> -- that is 250? >> 250? >> he said 400. he said, i have the pen, let's keep tax rates where they are for everyone at 250 and below. so this one, that's c these guys are pretty clever because that would keep rates where they are for everyone at a million and below. no middle-class taxpayers up to a million dollars -- >> that's no matter what, isn't it, in either bill? >>yon r -- i think it would be the same in either one. that's not -- what reid and i guess pelosi, you saw that, said she opposes the million-dol
. that is not enough to close the gap . washington post on the editorial page. we looked at what the president suggested and republicans suggested it is nice that they are starting to talk. but the numbers have to be a lot bigger . you need real tax reform. >> gretchen: he won the election with that argument. >> steve: republicans won the congress with their argument that they didn't want to raise the rates. >> brian: if you want to know what the president things. you can go flip channels and find out about the briefing and the president's stance on taxes and goal with the economy and maybe what he will say in the inauguration. look who was invited to the white house >> chris: who was left to run msnbc. >> happy and ed and arihanna huffington. i don't know if the white house released the fact. but someone from the blog sites saw it. and so wait a minute what is going on. yeah, we were invited for not a strategy but just to explain. >> gretchen: i don't know why anybody. >> brian: five talk show hosts in from the same channel? that is outrageous. >> gretchen: it might be outrageous. i am not su
restaurants and nightlife and shopping and washington street was not flooded. many of our businesses have been impacted by the closure of the path, 60%. some businesses are reporting as much as 60% down in business. my main concern is the 200 or so businesses off of washington street who are struggling to either stay open, operating in an alternate location or potentially over the next several months could be forced to close down. that's my focus right now. >> i understand there was $1 hundred million in damage in hoboken. what is the main source of revenue for helping people get back to work and get back to business? >> well, for businesses the only option for them from the federal government is an sba loan, and that sba loan is either at 4% or ironic at better credit at 6%. in this economic climate when businesses have already taken loans, they just can't afford to take on so much more debt. i was advocating today for direct grants for the businesses, which is not currently available, for much lower loan rates. i mean, for an individual you can get a rate of 1.6%. can we do that for business
are headed to washington. let us know what's happening. >> he's going to fix it. >> we're going to have pizza. >> make sure you join us tomorrow. "squawk on the street" is next. ♪ >>> led zeppelin to wash away monday blues. congrats to the band for winning kennedy center honors last night. welcome to "squawk on the street." i'm carl quintanilla along with jim cramer, david faber live at nyse. melissa will join us in the next hour. we're kicking off the month of december with strength. anticipating good auto numbers today. greece unveiling that $10 billion eurobond buyback. a 52-week high in france and germany. our road map this morning begins in washington where fiscal cliff negotiations according to the "times" has "collapsed." at least for now. with less than a month until the deadline, who blinks first if anyone? >> goldman takes dell from a strength to a buy. is it time to look at the stock and maybe even other players in the beat up personal computer sector? >> manufacturing data out of china. not bad. 50.6. that's the highest in seven months. although shanghai again trades lower even
giving more money to the least competent people in america, the politicians in washington. you're talking about giving them the extra money so they could have bigger government. the fact that they're taking that money frommus in a less bad way i suppose that is good news but we're still taking one step after another in the wrong direction. at the end of that journey the destination is greece or spain or italy. melissa: right. >> we have to figure out how to get control of intitlements. the while house refuses to have adult conversation about that. melissa: neither of these proposals, neither side gets us closer to closing the enormous gap you're talking about. i say over and over again and if this was your household and bills were so far out of line with what the revenue was you could get very serious very quickly. these people do not seem to do that. for republicans is it looking more and more palatable to go over the cliff at this point? >> depends on how dogmatic obama is. like selling a car on craig's list and put it up for 5,000 and really take 4500. someone offers you 4,000. this is
: that's true. the market looked at the likelihood of a deal. david: because of the washington post article that said a deal was likely. stuart: at first they thought yeah a deal is likely. then you got more detail about the two sides and where they are. david: cold water was poured on the whole idea and look what happened to the market. charles: they are moving now. they are throwing numbers out there. it is part of the negotiation process. stuart: as news develops about taxes, higher tax tax rates are coming. that does not sit well with grover norquist. he will tell us all about his position 10:35 this morning, he is on this program. let's go to nicole. i want to check in with apple. where are they? 4 minutes past 10:00 eastern time. nicole: apple is doing great today. yesterday we talked about the fact it was at 501. it's traded as high as 526 and change. they are head-to-head with samsung here in the states and abroad. i was reading some headlines, samsung, injunction against the apple in eu, but at the same time a judge decided against apple today. there's back and forth betwee
. washington even during that speed read is still trying to find some type of solution to avoid the potential tax hikes and spending cuts set to hit at the end of this year. so look, taxes are coming april 15th. how can you the taxpayer prepare for whatever type of decision comes out of the beltway? joining me now is john hewitt, yes, of course from the former jackson hewitt. he's chairman and ceo now of liberty tax, one of the largest tax preparation businesses. oh, boy, a lot of people want to hear from you because perhaps there's a low-grade panic going on in their hearts and minds right now,,thinking what should i be doing in advance to limit my tax bill that i might get? can you even know when we don't know the landscape? >> it's hard to tell. and it's the most confusing it's been in my 43 year career. there are certain things we can do and certain situations. you need to check with your tax advisor. we eastbound p help people -- we even help people that aren't our customers so you can call and give you advice for your particular situation. liz: let's break out the most common situations
. and this morning's donations are heading to family services in washington, d.c. and of course, we couldn't do it without you, our viewers, and companies. good morning, sharon. great to have you with us. what? six years now? >> six years we've been providing products for the toy drive. >> and stride right does such an amazing job to help us out. tell us what you're giving us in terms of donations. >> over $7 million to the "today" show foundation and over the past six years we've given over $12 million. so that's really, you know, across the globe to all children in need for new products which is something that's very important, as well. >> you've got the light-up shoes, which is really what all any kid wants or needs. in my experience. >> absolutely. and as we were talking about a little earlier, even adults want light-up shoes. these shoes are a lot of fun. they're "star wars" shoes that allows you to be the jedi. >> oh. >> good guy, bad guy. >> how you feel that day. you decide whether you're a good guy or bad guy. which i know not all little boys are always the good guy. >> or little girls
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